Kessler Topaz Meltzer & Check, LLP is currently litigating a securities class action on behalf of shareholders of Babcock & Wilcox Enterprises, Inc. (BW).
About Babcock & Wilcox Enterprises, Inc.
Babcock & Wilcox Enterprises, Inc. is a technology-based provider of advanced fossil and renewable power generation equipment that includes a suite of boiler products, environmental systems, and services for power and industrial uses. Through its Renewable segment, Babcock & Wilcox Enterprises, Inc. supplies steam-generating systems, environmental, and auxiliary equipment for the waste-to-energy and biomass power generation industries.
Alleged Wrongful Conduct
The complaint alleges that throughout the class period, the company made materially false and misleading statements about its financial prospects and the condition of its Renewable business.